What is the Discover it sign-up bonus? This question is about the Discover it® Cash Back

What is the Discover it sign-up bonus?

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This question is about the Discover it® Cash Back

Lashanda Taylor, Member

@lashandataylor • 10/17/22 This answer was first published on 10/08/20 and it was last updated on 10/17/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Discover it Cash Back sign-up bonus is 2X rewards during the first 12 months of account opening. The cardholder will earn the regular amount of rewards during those 12 months, then a bonus equal to all rewards earned will post within 2 billing periods of the first account anniversary.

Discover it Cash Back bonus categories:

Except for the Discover it Cash Back sign-up bonus, the card also offers bonus rewards on purchases. More specifically, with this card you get good.

Once earned, Discover it Cash Back rewards never expire. Discover will credit the rewards balance to your final statement if an account is closed or inactive for 18 consecutive months. But if Discover terminates the account because of rewards fraud or abuse, you’ll forfeit any unredeemed rewards.

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What is the best credit card signup bonus with no annual fee?

The best credit card for a signup bonus with no annual fee is the Capital One VentureOne Rewards Credit Card because it offers an initial bonus of 20,000 miles for spending $500 in the first 3 months. Capital One VentureOne also gives 1.25 - 5 miles per $1 spent on purchases to go along with its $0 annual fee.

Best Credit Card Signup Bonuses with No Annual Fee

Best Travel Bonus: Capital One VentureOne Rewards Credit CardCapital One VentureOne Rewards Credit CardLearn MoreLearn More
Best for Gas & Groceries: Citi Rewards+® CardCiti Rewards+® CardLearn MoreLearn Moreon issuer's website
Rates & FeesBest Cash Bonus: Wells Fargo Active Cash® CardWells Fargo Active Cash® CardLearn MoreLearn Moreon issuer's website
Best Airline Bonus: United Gateway℠ CardUnited Gateway℠ CardLearn MoreLearn Moreon issuer's website
Best Hotel Bonus: IHG® Rewards Traveler Credit CardIHG® Rewards Traveler Credit CardLearn MoreLearn Moreon issuer's website
Best Business Bonus: Ink Business Cash® Credit CardInk Business Cash® Credit CardLearn MoreLearn Moreon issuer's website

There are larger signup bonuses out there, but you may have to pay an annual fee to get them. You could still come out...

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Is Discover a good credit card?

Discover is a good credit card company because there are Discover cards for people of all credit levels, and all of them have $0 annual fees and $0 foreign transaction fees. Plus, Discover cards all reward cardholders with at least 1% back on purchases and will match new cardholders’ earnings from the first year as an anniversary present. Most Discover cards also offer 0% introductory APRs on purchases and balance transfers (with a standard variable...

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